London-based e-bike rental startup Forest has announced Octopus Energy as the official energy partner for its fleet of vehicles. From the month of December, Octopus Energy will provide zero-carbon electricity to the 20,000 Forest bikes across London, in line with the mobility firm’s goal of establishing a clean transport network in the UK capital. “Sustainability ... Read more ›
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The UK government has unveiled plans to bring in “firm and proportionate rules” governing cryptoassets to encourage both safety and growth. The new rules, which are expected to come into force from 2027, are an attempt from the Treasury to establish a comprehensive regulatory regime for cryptoassets and provide a sense of legal clarity, something ... Read more ›
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IVFmicro, a spinout company from the University of Leeds developing technology to improve the success rate of IVF treatments, has raised £3.5m. Founded in 2024, IVFmicro aims to make the medical practice more reliable by enhancing the quality and number of embryos included in an IVF cycle. Currently IVF treatment only results in a successful ... Read more ›
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The British Armed Forces have agreed to develop a new undergraduate degree in autonomous systems in partnership with the New Model Institute for Technology and Engineering (NMITE). The Hereford-based university will begin welcoming students to the new degree in September 2026. The programme has been launched in cooperation with the military to respond to international ... Read more ›
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Cambridge spinout PolyAI has raised $86m (£64.3m) in a Series D funding round that has included backing from the British Business Bank. The UK-founded firm has developed advanced AI voice agents that can mimic human conversation to handle complex customer service calls. The firm’s tech has been deployed by major brands including Volkswagen, FedEx and ... Read more ›
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Early-stage investment vehicle and angel network the British Design Fund (BDF) has secured a £5m commitment from The British Business Bank through its Regional Angels Programme. Managed by Sapphire Capital Partners, BDF was launched to support UK-based startups with a focus on the design and manufacturing of physical products. The fund has been supported by the ... Read more ›
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This week’s UK tech funding deals include quantum computing group Nu Quantum, embedded finance fintech CapRelease and more. UKTN tracked £123.55m worth of UK tech investment this week (8 December to 12 December), a 45% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Nu Quantum – £45m ... Read more ›
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Matta, an industrial AI startup offering data insights to factories, has secured a $14m (£10.5m) seed funding round. Founded with a mission to build “sentient factories”, Matta’s AI technology provides factories with insights on production lines and can spot defects and their trace routes to help fix issues before they become overly costly. Matta described ... Read more ›
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Danae Shell is the founder and chief executive officer of Valla, an Edinburgh-based AI platform that offers legal guidance and support. In this week’s Founder in Five Q&A, Shell discusses nightmare pitches and the motivating power of believing in your mission. What’s your worst pitching experience? My very first pitch for Valla was a disaster. In ... Read more ›
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The UK and Canada have agreed to ramp up AI adoption among SMEs, strengthen tech ties and collaborate on semiconductor research. At a G7 meeting in Canada the UK agreed to launch a joint semiconductor research network that will bring together experts from both countries to develop smarter and more energy-efficient chips. The network has ... Read more ›
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A recent surge in entrants for this year’s Greater Manchester Tech Climbers showcase has revealed the global scale of ambition among the region’s startups. Tech Climbers revealed its latest shortlist of the best performing product-led tech businesses in Greater Manchester this week in a year that has seen the number of new entrants skyrocket. Almost ... Read more ›
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University of Cambridge spinout Kodiaq Technologies has secured an £850,000 investment in support of its metal-free energy storage product. The firm has developed proprietary organic electrolyte technology to increase energy density and therefore enhance storage capacity. It claims its technology will enhance the performance of flow batteries with a significant reduction in the investment cost ... Read more ›
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London-based fintech CapRelease has completed a $36m (£27m) funding round to accelerate its growth in the embedded finance market. Founded in 2023, CapRelease provides flexible capital to ecommerce retailers across all sectors. Rather than basing its loans on credit scores, the platform uses real time data from logistics partners, sales performance, payment systems and consumer ... Read more ›
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Zilch has secured a new payments services licence that will allow it to develop in-house payment methods ahead of a major product launch. The firm said that the licence, granted by the Financial Conduct Authority (FCA), will remove its reliance on third-parties when building payment methods and new products. The licence has been secured ahead ... Read more ›
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Uber Eats has launched its new autonomous delivery robots in Leeds in partnership with Starship Technologies. The firms announced last month that they would be bringing robotic couriers to select UK locations this year, with the West Yorkshire city being the first. “It’s brilliant to see autonomous innovation supporting one of our busiest times of ... Read more ›
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Google DeepMind will open an automated research lab in Britain next year as part of an expanded partnership between the company and the government. Announced on Thursday, the lab will be run by a team of researchers to “harness technology and robotics to push forward cutting-edge work”. Built to be fully integrated with Gemini, Google’s ... Read more ›
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Tech Climbers has revealed its latest shortlist of the best performing product-led tech businesses in Greater Manchester that are making an impact. This week, the tech community gathered at the Cloud 23 cocktail bar in the heart of Manchester’s city centre as journalist Peter Stojanovic unveiled the 11 companies that made the official list and ... Read more ›
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Bolt Insight, the London-based market research company helping brands unlock consumer insights through AI-moderated research, has closed its £7m funding round led by Pembroke VCT with participation from 212, Active Partners, Velocity and TIBAS Ventures. The new funding will help to scale its BoltChatAI tool globally, in addition to funding the company’s next ambition to ... Read more ›
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EpilepsyGTx has closed a £24.8m series A round to advance the development of its single dose gene therapy for focal refractory epilepsy. The funding will enable the delivery of first-in-human phase 1/2a clinical trials to establish the safety and efficacy of the company’s lead gene therapy programme EPY201 in a broad population of patients with ... Read more ›
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Nu Quantum has closed its £45m series A funding round, signifying the largest ever series A in the quantum sector in the UK. The funding will accelerate Nu Quantum’s mission to reach fault tolerance by interconnecting quantum processors into a more powerful distributed quantum computer, driving the next phase of product development and deployment, and ... Read more ›
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The UK allocated £61.4B to defence tech investment in 2025, maintaining one of Europe’s largest defence budgets with a focus on naval and air upgrades, cyber capabilities and nuclear deterrence. A new report by Tracxn titled “European Defence Tech Report 2025: Is Europe’s Defence Tech Entering its Most Compelling Phase for Investors?” shows that the ... Read more ›
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Bristol-headquartered quantum algorithms company Phasecraft has been named as a finalist in the $5m (£3.75m) XPRIZE Quantum Applications challenge backed by Google. The XPRIZE Quantum Applications challenge was launched in March last year as a global competition funded by Google Quantum AI and the Geneva Science and Diplomacy Anticipator (GESDA) to generate quantum computing algorithms ... Read more ›
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Bristol-based battery tech startup Anaphite has raised £1.4m to boost its mission to decarbonise electric vehicle (EV) battery production by accelerating the industry’s shift to dry electrode coating. The sum is a combination of £700,000 in grant funding from the Innovate UK Investor Partnerships: Clean Energy and Climate Technologies competition, plus £700,000 of aligned investment ... Read more ›
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The UK’s trade association for the blockchain and cryptoasset industry has announced it will formally join its US counterpart as part of an expanded global network. CryptoUK said on Tuesday that it will join Washington DC-based The Digital Chamber to form an expanded global policy group under the US organisation’s umbrella. The two groups hope ... Read more ›
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Genomics in simple terms is the study of the genetic information of an organism or cell, but for those in the medical tech industry, it is a fundamental shift in the very concept of medicine. Where genetics may examine variations in a single gene to determine the cause of medical conditions, genomics looks at all ... Read more ›
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15.12.2025 15:49
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